VSE Corporation operates as a diversified services and supply company in the United States.
Fair value with mediocre balance sheet.
Share Price & News
How has VSE's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: VSEC's share price has been volatile over the past 3 months.
7 Day Return
US Commercial Services
1 Year Return
US Commercial Services
Return vs Industry: VSEC underperformed the US Commercial Services industry which returned 22.3% over the past year.
Return vs Market: VSEC underperformed the US Market which returned 20.1% over the past year.
Price Volatility Vs. Market
How volatile is VSE's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall StDid You Manage To Avoid VSE's (NASDAQ:VSEC) 23% Share Price Drop?
2 weeks ago | Simply Wall StVSE Corporation's (NASDAQ:VSEC) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?
1 month ago | Simply Wall StWhat Kind Of Shareholder Appears On The VSE Corporation's (NASDAQ:VSEC) Shareholder Register?
Is VSE undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: VSEC ($29.81) is trading above our estimate of fair value ($16.76)
Significantly Below Fair Value: VSEC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: VSEC is good value based on its PE Ratio (9x) compared to the Commercial Services industry average (26.3x).
PE vs Market: VSEC is good value based on its PE Ratio (9x) compared to the US market (18.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate VSEC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: VSEC is good value based on its PB Ratio (0.9x) compared to the US Commercial Services industry average (1.8x).
How is VSE forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Commercial Services industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as VSE has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine whether VSE is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Explore growth companies in the Commercial Services industry.
How has VSE performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VSEC has high quality earnings.
Growing Profit Margin: VSEC's current net profit margins (4.9%) are lower than last year (6.1%).
Past Earnings Growth Analysis
Earnings Trend: VSEC's earnings have grown by 14.1% per year over the past 5 years.
Accelerating Growth: VSEC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: VSEC had negative earnings growth (-16%) over the past year, making it difficult to compare to the Commercial Services industry average (0.2%).
Return on Equity
High ROE: VSEC's Return on Equity (10.2%) is considered low.
Return on Assets
Return on Capital Employed
How is VSE's financial position?
Financial Position Analysis
Short Term Liabilities: VSEC's short term assets ($340.5M) exceed its short term liabilities ($139.4M).
Long Term Liabilities: VSEC's short term assets ($340.5M) exceed its long term liabilities ($332.4M).
Debt to Equity History and Analysis
Debt Level: VSEC's debt to equity ratio (75.9%) is considered high.
Reducing Debt: VSEC's debt to equity ratio has increased from 28.1% to 75.9% over the past 5 years.
Debt Coverage: VSEC's debt is not well covered by operating cash flow (12.2%).
Interest Coverage: VSEC's interest payments on its debt are well covered by EBIT (4.7x coverage).
Inventory Level: VSEC has a high level of physical assets or inventory.
Debt Coverage by Assets: VSEC's debt is covered by short term assets (assets are 1.3x debt).
What is VSE's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: VSEC's dividend (1.21%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: VSEC's dividend (1.21%) is low compared to the top 25% of dividend payers in the US market (3.68%).
Stability and Growth of Payments
Stable Dividend: VSEC's dividend payments have been volatile in the past 10 years.
Growing Dividend: VSEC's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (10.3%), VSEC's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
John Cuomo 0
Mr. John A. Cuomo has been CEO, President and Director of VSE Corporation since April 15, 2019. Mr. Cuomo has been Vice President and General Manager of Aerospace Solutions Group at KLX Inc. since December ...
|Executive VP & CFO||17.9yrs||US$921.35k||0.74% $2.4m|
|VP, General Counsel & Secretary||11.3yrs||US$728.76k||0.30% $978.4k|
|President & COO of Wheeler Bros Inc||6.6yrs||US$831.09k||0.079% $257.6k|
|President & COO of VSE Aviation Inc.||5.1yrs||US$593.79k||0.033% $109.5k|
|CEO, President & Director||0.8yrs||no data||0.033% $107.3k|
|Chief Information Officer||4.5yrs||no data||no data|
|Vice President of Human Resources||10.1yrs||no data||no data|
|Chief Human Resources Officer||0.08yrs||no data||no data|
|President of Federal & Defense Services||0.4yrs||no data||no data|
|Chief of Staff & Corporate VP of Strategy||0yrs||no data||no data|
Experienced Management: VSEC's management team is seasoned and experienced (5.1 years average tenure).
|CEO, President & Director||0.8yrs||no data||0.033% $107.3k|
|Independent Director||29.1yrs||US$149.01k||1.19% $3.9m|
|Independent Director||16.3yrs||US$164.01k||0.27% $876.4k|
|Non-Executive Chairman||0.6yrs||US$159.01k||0.31% $999.6k|
|Independent Director||6.1yrs||US$149.01k||0.14% $459.1k|
|Independent Director||8.1yrs||US$154.01k||0.18% $596.2k|
|Independent Director||2.2yrs||US$149.01k||0.061% $200.1k|
Experienced Board: VSEC's board of directors are considered experienced (7.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
VSE Corporation's company bio, employee growth, exchange listings and data sources
- Name: VSE Corporation
- Ticker: VSEC
- Exchange: NasdaqGS
- Founded: 1959
- Industry: Diversified Support Services
- Sector: Commercial Services
- Market Cap: US$327.019m
- Shares outstanding: 10.97m
- Website: https://www.vsecorp.com
Number of Employees
- VSE Corporation
- 6348 Walker Lane
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|VSEC||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Jan 1980|
VSE Corporation operates as a diversified services and supply company in the United States. The company operates in three segments: Supply Chain Management Group, Aviation Group, and Federal Services Group. The Supply Chain Management Group segment offers sourcing, acquisition, scheduling, transportation, shipping, logistics, data management, and other services to assist its clients with supply chain management. It sells vehicle parts and mission critical supply chain services to support the United States Postal Service (USPS) vehicle fleet and commercial truck fleets; and fleet management and sustainment solutions, and managed inventory services to the Department of Defense (DoD). The Aviation Group segment provides maintenance, repair, and overhaul (MRO) services; and parts supply and distribution for commercial and general aviation jet aircraft engines and engine accessories. It serves commercial airlines, regional airlines, cargo transporters, MRO integrators and providers, aviation manufacturers, corporate and private aircraft owners, and agricultural clients. The Federal Services Group segment offers foreign military sales services and refurbishment services to extend and enhance the life of existing vehicles and equipment; fleet-wide ship and aircraft support; aircraft sustainment and maintenance; and other technical, management, engineering, logistics, maintenance, configuration management, prototyping, technology, and field support services to the U.S. Navy and Marine Corps, U.S. Army and Army Reserve, U.S. Air Force, and other customers. This segment also provides energy consulting services, and IT solutions and services for various DoD and federal civilian agencies. VSE Corporation was founded in 1959 and is headquartered in Alexandria, Virginia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/16 00:12|
|End of Day Share Price||2020/02/14 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.